Morgan Stanley's new wealth management app features cutting-edge technology from NCR partner Mitek that makes taking a suitable photo of a check using a mobile phone camera even easier. Mitek MiSnap provides onscreen guidance to clients to help them properly orient the check in the photo frame and then snaps a picture of the check automatically. This reduces complexity, avoids fumbling with the phone in order to shoot the picture, results in better check image quality, and reduces errors - speeding processing time. The check deposit is then validated and transmitted using the new NCR APTRA Passport for Mobile software, which delivers fast, secure and reliable check processing.

"A new breed of consumers expects more from their mobile interaction with their financial institution," said Steve Nogalo, Vice President and General Manager of Payments, NCR Financial Services. "Through APTRA Passport for Mobile, Morgan Stanley is able to give its clients the freedom to deposit checks in convenient, secure manner."

The use of mobile check deposit is growing rapidly. Earlier this year, a Federal Reserve survey showed that 38 percent of mobile bankers have used their phone to deposit a check in the past 12 months, up from 21 percent in 2012. NCR APTRA Passport for Mobile makes mobile deposits possible, leveraging advanced item filtering, recognition, image optimization, and balancing technologies to validate all transactions and images before sending them to posting, transit banks and archives.